Leaderboard
90All-time rank
Binance CEX
May 7, 2019
$40.0M
Lost
$40.0M
Recovered
$0
Net loss
$40.0M
Unrecovered0% recovered
On May 7, 2019, Binance's hot wallet private keys were compromised, resulting in theft of 7,000 bitcoin (~$40 million). The exchange halted transactions for one week and reimbursed all affected customers from its insurance fund.
- Target
- CEX
- Classification
- Key Compromise
- Technique
- Hot Wallet Key Compromised
- Attribution
- Unknown
- Chains
Bitcoin
Event timeline
- May 7, 2019Exploit executed — $40.0M drained via hot wallet key compromised
- Attributed to Unknown
- Recovery status Unrecovered 0%